Tag: digital assets

Reservoir to Sunset NFT Services, Focus on Token Economy with Coinbase's Relay

Reservoir to Sunset NFT Services, Focus on Token Economy with Coinbase's Relay

• NFT Drops

Reservoir, an infrastructure provider for Coinbase and MetaMask, announced it will shut down its NFT services on October 15, 2025. As a result, the company will sunset its NFT API and related services. This decision is significant not just for USDC holders, but because it places greater emphasis on supporting...

NFT Ticketing Market Sees Rapid Growth in Asia and North America

NFT Ticketing Market Sees Rapid Growth in Asia and North America

• NFT Drops

The NFT ticketing market is hot, hot, hot! As a result, nations including India, Vietnam, Japan, Singapore and the Philippines are at the forefront of this thrilling movement. A wave of new NFT fans fuels this boom. The highly competitive and ever-changing scene of music festivals and sports championships makes...

Yuga Labs Targets Crypto Assets of Pauly0x Amid Trademark Dispute

Yuga Labs Targets Crypto Assets of Pauly0x Amid Trademark Dispute

• NFT Drops

In a high-profile case, Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, is currently seeking nearly $400,000 in cryptocurrency from Jeremy Cahen, aka Pauly0x. This move is the latest in a long-running legal showdown. This move follows October’s partial victory for Yuga Labs in Hype v....

Yuga Labs Hunts $400K in Crypto: NFT Lawsuit Intensifies

Yuga Labs Hunts $400K in Crypto: NFT Lawsuit Intensifies

• Facts

Yuga Labs, the metaverse powerhouse behind Bored Ape Yacht Club, is intensifying its lawsuit against Jeremy Cahen. Cahen, known online as Pauly0x, has since been subjected to aggressive legal attacks by the corporation. The company is currently making aggressive moves to recoup money it’s owed from an earlier court decision....

Yuga Labs' $400K Crypto Grab: A Chilling Effect on Web3 Parody?

Yuga Labs' $400K Crypto Grab: A Chilling Effect on Web3 Parody?

• Commentary

Yuga Labs wants $400,000 from Pauly0x. That's the headline. But the story behind that number is tremendously sobering. That’s dangerous both for those who care about free expression and the future of Web3 itself. This is not just a critique of Bored Apes but a critique of the underlying power...

Yuga Labs' $400K Crypto Grab: Justice or Web3 Overreach?

Yuga Labs' $400K Crypto Grab: Justice or Web3 Overreach?

• Commentary

Yuga Labs is seeking $400,000 in damages from Jeremy Cahen, better known as Pauly0x. We all know the story by now: the Bored Ape Yacht Club creators won a hefty judgment against him for trademark infringement related to his RR/BAYC parody project. Now, they're going after his crypto wallets. Could...

LCX Unveils Tokenization Framework for Precious Metals

LCX Unveils Tokenization Framework for Precious Metals

• NFT Drops

Liechtenstein-based blockchain platform LCX has introduced a comprehensive new end-to-end tokenization framework. This updated system makes it easier for users to gain exposure to precious metals through the digital asset space. This innovative system centers around three new utility tokens: LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP)....

LCX's Gold Tokens: A Regulatory Game Changer or Fool's Gold?

LCX's Gold Tokens: A Regulatory Game Changer or Fool's Gold?

• Commentary

LCX’s new tokenization framework, and it’s promise of digital access to gold, silver and platinum through utility tokens, has landed. Before you run out and load up your portfolio with LCXG, LCXS, and LCXP, hold up. Is this really democratizing access to precious metals? Is this just an attention grabbing...

NFTs in 2025: Why Southeast Asia Holds the Key to Mass Adoption

NFTs in 2025: Why Southeast Asia Holds the Key to Mass Adoption

• Commentary

The NFT space is buzzing, isn't it? We have all followed the NFT hype, the NFT crashes, the Bored Apes selling for hundreds of thousands of dollars (and then crashing). If we’re honest, the present NFT narrative is extremely Western-focused. It’s time we looked East, as Southeast Asia is set...

NFT Trader Admits to $3 Million Tax Evasion on CryptoPunk Sales

NFT Trader Admits to $3 Million Tax Evasion on CryptoPunk Sales

• Web3 Projects

Waylon Wilcox, a 45-year-old NFT trader, has pleaded guilty to underreporting nearly $13 million in profits from selling CryptoPunk NFTs. The sales occurred across 2021 and 2022. Wilcox is now facing up to six years in federal prison, as well as possible fines and terms of supervised release.Last year, Wilcox...

DeGods Founder Steps Down! What's Next for the NFT Project?

So DeGods NFT project is at a really interesting inflection point. DeGoogled now Immutable CEO Rohun Vora, better known by his pseudonym DeGods, has resigned as CEO after three years running the ship. Leadership is changing. Reinforcing that trend, DeGods NFT sales are blasting off, particularly on Ethereum. This shift...

Crypto Developments Unfold Globally

Ripple's donations to Donald Trump, Russia's crypto platform for investors, crypto firms pursuing U.S. banking licenses, DeGods' trading surge, and Kyrgyzstan's collaboration with Binance highlight the latest developments in the cryptocurrency space. Taken together, these events are indicative of a larger, more dynamic shift in the global landscape of digital...

DeGods' Drama Signals NFT Market's Maturation Or Just Another Exit Scam?

Frank's out. Rohun Vora, the figure who became the face of DeGods, is leaving his role. After three years, he’s passing the reins over to 0x_chill and Pastagotsauce. Fine. People move on. The timing reeks. On that fourth front, Solana sales have increased 101%. At the same time, Ethereum sales...

DeGods' Frank Out! Can New Leadership Revive the NFT Project?

Frank DeGods, the face and CEO of the DeGods NFT project, has stepped down after three years at the helm. His departure presents a turning point for the highly criticized project. While DOT’s fate hangs in the balance, could this agency be revitalized by new leadership? This comes after a...

DeGods' Frank Exit: A Warning Sign for Web3's 'Cult of Personality'?

Frank DeGods is out. Poof. And just like that, one of the most iconic characters of the NFT space has departed. While some are celebrating fresh blood and a new direction for DeGods, I can't help but see this as a flashing neon sign screaming about a problem festering within...

DeGods' New Dawn: Can Decentralization Save NFTs From Themselves?

Frank DeGods is out. Realistic goals Two pseudonymous figures we’re calling @0x_chill and @pastagotsauce are all the way in. The NFT world holds its breath. Beyond the leadership shuffle, a more profound question looms: can decentralization really finally save NFTs from the very problems that plague them? Beyond that, will...

Frank DeGods Departs as DeGods CEO, Paving Way for New Leadership

Frank, best known in the Web3 ecosystem as Frank Vora—the name he uses on X, formerly Twitter—has officially resigned as CEO in order to focus on building…whatever comes next. He was integral to the success of the DeGods NFT project. Co-founded by Frank in 2021, DeGods has been a fascinating...

Solana's New Tokens: Are Whales Manipulating HOTMOM, DOOD, and IKUN?

In short, are we just seeing Wild West 2.0, but on Solana blockchain this time? Assets such as HOTMOM, DOOD, and IKUN soared in the third week of May 2025. Their increase has been astronomical to say the least. But behind the flashy headlines and impressive daily transaction volumes, a...